trending Market Intelligence /marketintelligence/en/news-insights/trending/1zePErHXz8sYEqohil4VZw2 content
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

In This List

Report: Petrobras looks to divest $10B in assets in 1st 4 months of year

A Utility Company Efficiently Sharpens Its Focus on the Credit Risk of New Customers

S&P podcast - Coronavirus pandemic, oil price crash shake up energy sector

Case Study: A Utility Company Efficiently Sharpens Its Focus on the Credit Risk of New Customers

Energy Evolution Podcast

Energy Evolution Why solar energy could get even cheaper


Report: Petrobras looks to divest $10B in assets in 1st 4 months of year

Petróleo Brasileiro SA - Petrobras said it expects to sell around $10 billion in assets in the first four months of the year, according to a March 15 report from Reuters citing Petrobras CEO Roberto Castello Branco.

The assets include the Transportadora Associada de Gas natural gas pipeline network, which is expected to sell for up to $9 billion. Interested parties can submit bids for the pipeline until April 2.

The sale is part of its goal to reduce debt and focus on developing offshore production.

In another Reuters report released March 15, Caixa Economica Federal CEO Pedro Guimarães said the Brazilian state-controlled bank is looking to sell its shares in Petrobras, worth around 9 billion reais.

Guimarães said Brazil's Finance Minister Paulo Guedes already approved the sale, but the presidential decree authorizing it is pending.

Brazil President Jair Bolsonaro previously signed the decree authorizing the sale, but it had to be republished due to technical errors.

As of March 14, US$1 was equivalent to 3.84 Brazilian reais.